Syndicate Operations Executive Director - Institutional Securities Group Product Operations

  • Competitive
  • New York, NY, USA
  • Permanent, Full time
  • Morgan Stanley USA
  • 17 Oct 18

Syndicate Operations Executive Director - Institutional Securities Group Product Operations

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries.

As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

Operations is one of the largest divisions in the firm and has diverse responsibilities, including correctly settling and recording millions of transactions per day, identifying and mitigating all operational risks, developing strong client relationships and partnering with technology to realize the full potential of IT and e-solutions. Throughout, the Operations department continually seeks ways to improve while actively supporting the development of new businesses, structures and markets.

Institutional Securities Group (ISG) Product Operations encompasses two functionally aligned organizations. The first, Trading & Client Operations, provides Operations functions in direct support of activity executed by Institutional Sales &Trading. The second, Clearing Operations, provides Operations functions in direct support for activity cleared by Morgan Stanley on behalf of our clients in Prime Brokerage, Listed Derivatives, and OTC Derivatives. The broad organization partners closely with Sales and Trading to develop and implement new products and services as well as drive efficiency and reduce risk in our processes. At all times we are focused on delivering quality service to clients both internal and external. ISG Product Operations partners closely with Shared Services and Banking Operations as well as Branch Operations and Operations Risk & Control to deliver a connected 'front to back' view of operations to ISG Sales and Trading.

The Syndicate Operations Executive Director (ED) role is based in New York and responsible for the successful operational executions of all new issue transactions brought to market by the Global Capital Markets (GCM), Municipal, Asset Backed and Structured Product departments. The Syndicate Operations department consists of two main teams, the Accounting / Finalization team and the Trades/Closing team. The Accounting/Finalization team model the per deal fees and expenses in order to determine and report deal revenue. The Trades/Closing team is responsible for managing all per deal logistics to ensure successful closing of all Morgan Stanley new issue transactions.

Additionally, the Syndicate Operations ED role includes management of the Corporate Coverage team which facilitates the logistical operational requirements and custom reporting of share repurchase programs for the firm's corporate clients.

Morgan Stanley ranked as the largest equity underwriter of primary IPOs and Secondary offerings globally in 2017 and is expected to retain the ranking in 2018.

Qualifications:

- Bachelor's degree required
- 10+ years of experienced Institutional Securities Operations
- 5+ years of team management, performance and leadership skills
- Working knowledge of the Equity, Fixed Income and Municipal products
- Working knowledge of Data Management, Securities and FOCUS reporting
- Working knowledge of 10b-18 and 10b-51 Safe Harbor programs

*LI-CW2